If the inventory of homes are at a all time low, what does that mean to a buyer?
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Great question Allyn! This is supply and demand economics, when there is a low supply and high demand prices go up. So what we have in many areas of the country is a seller's market, that being said if the house is in a good location, priced right, and move in ready the house can be sold within a couple of months, and in many situations above asking price. I hope that helps.
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